Tech stocks drive ASX lower on back of Wall Street woe - Sydney Morning Herald
NCMGFDelisted Stock | USD 18.00 0.04 0.22% |
Roughly 62% of Newcrest Mining's investor base is looking to short. The analysis of overall sentiment of trading Newcrest Mining pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Newcrest Mining's historical and current headlines, can help investors time the market. In addition, many technical investors use Newcrest Mining stock news signals to limit their universe of possible portfolio assets.
Newcrest Mining pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Newcrest daily returns and investor perception about the current price of Newcrest Mining as well as its diversification or hedging effects on your existing portfolios.
Newcrest |
Tech stocks drive ASX lower on back of Wall Street woe Sydney Morning Herald
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Newcrest Mining Fundamental Analysis
We analyze Newcrest Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newcrest Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newcrest Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Newcrest Mining is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Newcrest Mining Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Newcrest Mining pink sheet to make a market-neutral strategy. Peer analysis of Newcrest Mining could also be used in its relative valuation, which is a method of valuing Newcrest Mining by comparing valuation metrics with similar companies.
Peers
Newcrest Mining Related Equities
GDRZF | Gold Reserve | 8.70 | ||||
RMRDF | Radisson Mining | 5.88 | ||||
ELEMF | Elemental Royalties | 2.53 | ||||
ORZCF | Orezone Gold | 2.17 | ||||
WDOFF | Wesdome Gold | 0.35 | ||||
OR | Osisko Gold | 0.67 | ||||
TDRRF | Tudor Gold | 3.39 | ||||
BBSRF | Bluestone Resources | 4.35 | ||||
LGDTF | Liberty Gold | 4.55 | ||||
ASGOF | Asante Gold | 5.56 | ||||
IAUX | I 80 | 7.81 | ||||
RSRBF | Robex Resources | 10.33 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Newcrest Pink Sheet
If you are still planning to invest in Newcrest Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newcrest Mining's history and understand the potential risks before investing.
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